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Nov 29, 2012
11/12
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the federal tax rate is currently 25%. so it will be $380 million the government gets $95 million off the top. and the winning states not too shabby either. arizona takes 5% at 9$9.5 millin and missouri stakes $7.6 millio. in the end, the two winning ticket holders end up with 25% of that original jackpot. >>> mitt romney is heading to the white house today, just not in the capacity that he hoped for three weeks ago. this afternoon he'll sit down for a private lunch with president obama. it will be the first encounter since the final presidential debate in october. the meeting fulfills an election night promise by the president to work with romney going forward. that doesn't mean the former massachusetts governor will become a regular. >> is governor romney here tomorrow in some kind of cabinet level position? >> no. >> beyond that, is there some kind of reorganization in the commerce department where governor romney could play a role? >> again, there is -- the president doesn't have a specific assignment in mind for the g
the federal tax rate is currently 25%. so it will be $380 million the government gets $95 million off the top. and the winning states not too shabby either. arizona takes 5% at 9$9.5 millin and missouri stakes $7.6 millio. in the end, the two winning ticket holders end up with 25% of that original jackpot. >>> mitt romney is heading to the white house today, just not in the capacity that he hoped for three weeks ago. this afternoon he'll sit down for a private lunch with president...
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Nov 30, 2012
11/12
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they say it calls for, for one thing, $1.6 trillion in new tax hikes over a decade. it is also stimulus spending and the spending cuts. both sides are necessary to reduce the deficit. those the president would largely tackle later perhaps next year. >> first despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. no substantive progress has been made in the talks between the white house and the house over the last two weeks. listen, this is not a game. jobs are on the line. the american economy is on the line and this is a moment for adult leadership. >> perhaps most su prirprising the white house proposal to get the president just about unlimited power to raise the nation's debt sealiceiling and w more and more money unless they reject. these will be tough negotiations ahead. we got a little sample of this yesterday from senate majority leader talking to john boehner. >> i don't understand his brain. you should ask him. >> not much time to get this done. the president meantime flies to penns
they say it calls for, for one thing, $1.6 trillion in new tax hikes over a decade. it is also stimulus spending and the spending cuts. both sides are necessary to reduce the deficit. those the president would largely tackle later perhaps next year. >> first despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. no substantive progress has been made in the talks between the white house and the house over the last...
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Nov 30, 2012
11/12
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neither republicans nor democrats seem willing to budge on the issue of tax rates for the wealthy. unless the two sides can reach some kind of deal, spending cuts and also tax hikes will collectively take effect starting january 1st. the clock is ticking. >> it is. >>> the united nations has overwhelmingly approved recognition of a palestinian state, a move staunchly opposed by the u.s. and israel. >> but in the west bank and gaza, palestinians, they celebrated on the streets. the historic vote upgrades palestine to nonmember nonvoting observer status only. meanwhile, u.s. ambassador, susan rice, she denounced the resolution. saying, quote, it's counterproductive to the goal of mideast peace. >> and the palestinian people will wake up tomorrow and find that little about their lives has changed, save that the prospects of a durable peace have only receded. >> rice added that the u.s. will continue to stand up against every effort that seeks to undermine israel's security. >>> the supreme court justices will meet today to consider taking up the issue of same-sex marriage. seven cases
neither republicans nor democrats seem willing to budge on the issue of tax rates for the wealthy. unless the two sides can reach some kind of deal, spending cuts and also tax hikes will collectively take effect starting january 1st. the clock is ticking. >> it is. >>> the united nations has overwhelmingly approved recognition of a palestinian state, a move staunchly opposed by the u.s. and israel. >> but in the west bank and gaza, palestinians, they celebrated on the...
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Nov 30, 2012
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. >> reporter: democrats, still lifted by their election success, argued that voters chose higher tax rates for wealthy americans as part of any plan to cut the deficit. and say republicans will have to give in. >> did speaker john boehner get the message? because the message was work together. >> they're not going to openly concede on this point this far out from the deadline, but they see the handwriting on the wall. >> reporter: late today, gop sources said that they have some details about the proposal brought here from tim geithner. they say the white house is offering $1.6 trillion in tax increases over ten years, 400 billion in cuts coming later. and no new proposals dealing with entitlement reform. republicans say for them, a nonstarter. >> kelly o'donnell, another cold night on capitol hill. thank you. >>> and as this debate goes on, a memorial service in washington today for a long-time budget-cutting warrior, former senator warren rudman, and david suitor was among them, and former senator and white house chief of staff, howard baker, a republican from new hampshire who aut
. >> reporter: democrats, still lifted by their election success, argued that voters chose higher tax rates for wealthy americans as part of any plan to cut the deficit. and say republicans will have to give in. >> did speaker john boehner get the message? because the message was work together. >> they're not going to openly concede on this point this far out from the deadline, but they see the handwriting on the wall. >> reporter: late today, gop sources said that they...
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Nov 30, 2012
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. >> eric: yes, i did pay my taxes. no i didn't kill anyone. >> kimberly: i'm not against dogs, yeah, the whole thing. i like dogs. >> eric: i like twitter. that was the big thing. please roll the video. according to the reporter newspaper, president obama plans to do his annual wine vacation, get this, the dates are december 17 through january 6. so that means, while america is hurled head first off the fiscal cliff, the obama will spend 21 days golfing, body surfing and lunching to the tune of $4 million taxpayer dollars. you can't make stuff up. >> kimberly: that sounds good to me. >> dana: the reporters would have complained if they spent 21 days in waco. but 21 in hawaii could be worse. he said let's make sure we get it done before christmas. get it done on december 16, sign it, get out of town. >> eric: $4 million. >> bob: if he was in the bathroom at the white house it would cost $4 million. >> eric: december 17 to january 6. fiscal cliff hits december 31. smack dab in middle of this vacation. he snub hawaii, bod
. >> eric: yes, i did pay my taxes. no i didn't kill anyone. >> kimberly: i'm not against dogs, yeah, the whole thing. i like dogs. >> eric: i like twitter. that was the big thing. please roll the video. according to the reporter newspaper, president obama plans to do his annual wine vacation, get this, the dates are december 17 through january 6. so that means, while america is hurled head first off the fiscal cliff, the obama will spend 21 days golfing, body surfing and...
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efforts in the past decade and in two thousand and eight paid taxes had a rate. waiting for a. one person thank you. thank you thank you thank you thank you thank you. cut if you think the kind of was immaculate to me i think you. thank you thank us who thing was yes thank you thank you but one could send out if you want but that is better than twenty five years of the nothing but treat we've been working p q let me play this clip of that that you think we could put up with to keep it in bed at night but not related to coop of the big thing would be. to thank you thank you thank you thank you i thank you enough to thank you you thank you thank you i was up to two thousand i was thousand six thousand thank you was. sure was that so much. mayer's and i mean to say she's in a lot of people and hearing within every world media is fond of the dramatic term water wars when it comes to describing the future management of global water resources. the great russian barrios. prevailing over hazards and asperity. to reenact an epic parade through paris. can they complete that triumph. with
efforts in the past decade and in two thousand and eight paid taxes had a rate. waiting for a. one person thank you. thank you thank you thank you thank you thank you. cut if you think the kind of was immaculate to me i think you. thank you thank us who thing was yes thank you thank you but one could send out if you want but that is better than twenty five years of the nothing but treat we've been working p q let me play this clip of that that you think we could put up with to keep it in bed at...
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Dec 1, 2012
12/12
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lump sum before taxes. he warned the hill family to be careful because folks they barely know will try to score a small chunk of those winnings. >> you don't know what tomorrow will bring. with some the people that come out of woodwork like you hear about. you know, those letters, you know, i still get them 8 years later. there is no book. there is no guide to tell these people what to do and how to do it. >> shepard: stephan white says life is wonderful now and he has just used some of his power ball winnings to make a donation to toys for tots. fox urgent now. two boys in florida plotting to set off a weapon of mass destruction here in the united states. this is new tonight. prosecutors say that weapon was some sort of explosive device. no word on a potential target. the fbi reports they arrested the brothers yesterday in fort lauderdale. the feds say the men are u.s. citizens. originally though from pakistan. they could get life in prison. there is a stalemate. let's not kid ourselves. that's the quote t
lump sum before taxes. he warned the hill family to be careful because folks they barely know will try to score a small chunk of those winnings. >> you don't know what tomorrow will bring. with some the people that come out of woodwork like you hear about. you know, those letters, you know, i still get them 8 years later. there is no book. there is no guide to tell these people what to do and how to do it. >> shepard: stephan white says life is wonderful now and he has just used...
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yeah, no one wants higher taxes, but we're not in a deep reception right now. we absolutely are going to die if things start to chang and in fact, the underlying real problem, the growing deficit on the path to greece, the goal gets worse once we kick the can away. that will be the overriding probleming not the slowing economy not people spending money, but sure, that might not happen in the first two months, but it will eventually happen if we keep kicking down the can. we want to prove to the world that we have a solution and if it takes a few months to get there and higher taxes for a while, big deal, we will get there. that's got to be the plan not just the same nonsense. >> yeah, but larry, that's part of your point, but jonas says we're not in a bad recession, we're certainly not in a good recovery. and if we just keep falling little bit by little bit, maybe as much as jump off the cliff, but it's certainly a slippery slope. >> brenda, the damage is already being done. we saw it in november retail sales and companies delaying activity already and we know
yeah, no one wants higher taxes, but we're not in a deep reception right now. we absolutely are going to die if things start to chang and in fact, the underlying real problem, the growing deficit on the path to greece, the goal gets worse once we kick the can away. that will be the overriding probleming not the slowing economy not people spending money, but sure, that might not happen in the first two months, but it will eventually happen if we keep kicking down the can. we want to prove to the...
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efforts in the past decade and in two thousand and eight paid taxes at a rate. waiting for a. one person thank you. thank you thank you thank you thank you thank you. cut you think of how many thank you thank you thank you me i thank you. thank you thank us thank you to come to the two thousand yes thank you but one could send out if you want but that is better than twenty five years of the nothing but great we've been working pete thank you let me play this little bit that you think we could put up with to keep it in bed at night but not listen to coop of the big thing would be the to thank you thank you thank you thank you i thank ye thousand two thousand two thousand two thousand two thousand to two thousand and six was you thank you thank you i. thank you. it is. i've . i've . submitted. lists about.
efforts in the past decade and in two thousand and eight paid taxes at a rate. waiting for a. one person thank you. thank you thank you thank you thank you thank you. cut you think of how many thank you thank you thank you me i thank you. thank you thank us thank you to come to the two thousand yes thank you but one could send out if you want but that is better than twenty five years of the nothing but great we've been working pete thank you let me play this little bit that you think we could...
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Nov 29, 2012
11/12
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FBC
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he raised taxes 6 billion. he didn't go to voters without doing everything he could to make pension reform changes or substantial cuts. i'm not sure that happened in washington. i do not believe this is open door policy and every tax will be passed. people said this is one-time important event. cutting universities in particular will threaten our innovation. neil: i never buy temporary. i never buy temporary, do you? >> seven years temporary? neil: i worry about that we can argue over that. my point is the fiscal cliff will be avoided if both parties realize that america's survival depends on them giving up something important to them. neil: but if only one side gives up, governor, that's what i worry about. >> there won't be a deal. there won't be a deal if only one side gives up. neil: well that is a point. where do we go the end. year and it goes kablooey. is it the end of the year? >> it will be and a recession will ensue. neil: do you think democrat might secretly want that? >> well, if so, i don't want it
he raised taxes 6 billion. he didn't go to voters without doing everything he could to make pension reform changes or substantial cuts. i'm not sure that happened in washington. i do not believe this is open door policy and every tax will be passed. people said this is one-time important event. cutting universities in particular will threaten our innovation. neil: i never buy temporary. i never buy temporary, do you? >> seven years temporary? neil: i worry about that we can argue over...
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Dec 1, 2012
12/12
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tax rate goes up. eventually you will get someone out, to get that president out and get president who wants lower tax rates and congress that wants the lower tax rate and maybe a senate. it would hurt dramatically. best time to do it is now. >> andrea: there are two schools of thought here. one if you follow twitter or watch republicans who are on the pundit circle, they say let them go off cliff and let obama own that. there is another one that says just let him have what he wants and then when the economy nose dives he will have to own it. republicans are going to get blamed anyway. do you feel strong about either one of those? >> dana: not necessarily. i do think i see in "washington post," headline, obama offers plan for cliff. plan to be in quotes. the thing that amazes me and the media lets it happen. for eight years or longer now. i had to defend how many times people said on the left, including president obama when he was running for president the first time, the bush tax cuts only help the ri
tax rate goes up. eventually you will get someone out, to get that president out and get president who wants lower tax rates and congress that wants the lower tax rate and maybe a senate. it would hurt dramatically. best time to do it is now. >> andrea: there are two schools of thought here. one if you follow twitter or watch republicans who are on the pundit circle, they say let them go off cliff and let obama own that. there is another one that says just let him have what he wants and...
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Dec 3, 2012
12/12
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CNBC
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first taxes don't data. what about taxes. his take on the cliff hanger and why investors shouldn't worry about taxes. and dell trade or trap? goldman jumps on the band wagon. 2012 gold rush. why are americans stocking up on gold coins? is it another way to say diversify? we have to get straight to our top story and tonight that is will the cliff ruin christmas? the rhetoric cnbc has the latest including the white house response to the gop proposal. >> just within the past few minutes we have gotten the white house's response to the boehner counter proposal to the white house proposal last week. the white house doesn't like the proposal from bane kpp today. dan fifer saying the republican la letter does not meet the balance and sticks the middle class with the bill. clearly what we are seeing is a negotiation. the white house doesn't like what they have been presented and now the offers and counteroffers will continue to fly and will start to get a little more close to one another. neither one of these as they have been laid o
first taxes don't data. what about taxes. his take on the cliff hanger and why investors shouldn't worry about taxes. and dell trade or trap? goldman jumps on the band wagon. 2012 gold rush. why are americans stocking up on gold coins? is it another way to say diversify? we have to get straight to our top story and tonight that is will the cliff ruin christmas? the rhetoric cnbc has the latest including the white house response to the gop proposal. >> just within the past few minutes we...
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Nov 30, 2012
11/12
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FBC
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it is supported by the payroll taxes. that workers and their employers pay. >> you have seen, surveys that show the direct we're going, we -- the direction we're going we have moved its trouble date up, compared to other programs, that is prestine, my only point is why not put it out there, why not put out medicare, and medicaid and everything, and for republican defense, everything, and rather than pick and choose. >> whether defense, medicare, medicaid, those are out of general revenues, they are in a defendant category. social security, does nida, just need adjustments, it should not be part of solves will deficit. neil: i think what is intrinsic. is what you are not saying. that we're missing an opportunity to address the overall rate of money coming in and money going out. if you want to leave social security alone, and just look at all of other entitlements and big spending and hear, they say focus it has to be on taxes, i'm not here is a they don't raise taxes on the rich. the elects do have consequences that is on
it is supported by the payroll taxes. that workers and their employers pay. >> you have seen, surveys that show the direct we're going, we -- the direction we're going we have moved its trouble date up, compared to other programs, that is prestine, my only point is why not put it out there, why not put out medicare, and medicaid and everything, and for republican defense, everything, and rather than pick and choose. >> whether defense, medicare, medicaid, those are out of general...
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Nov 30, 2012
11/12
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the middle class can't possibly afford anymore taxes. that's why the rich have to pay their fair share. >> cenk: let me throw a quick question. >> i think if it's framed that way in terms of jobs and public investment and all of us, i think that's a winning way of framing it. >> cenk: you're definitely right about that, there's no question about that. the question is the guy in the white house is not going to frame it that way. if my prediction is right and we'll go to the upper end of it and say the marge national tax rate gets moved up. is that a good deal for a bad deal? >> it's a bad deal, because remember the clinton highest marginal tax rates on dual filers 39.6% that is still historically very, very low. i mean, before 1980, the highest marge national tax rate was 71% under eisenhower, 91%. even if you consider all of the tax deductions that the wealthy took in those years. the effective tax rate on the highest income people was still about 55%. much higher than the 39% under bill clinton. did the economy suffer? no! we did very w
the middle class can't possibly afford anymore taxes. that's why the rich have to pay their fair share. >> cenk: let me throw a quick question. >> i think if it's framed that way in terms of jobs and public investment and all of us, i think that's a winning way of framing it. >> cenk: you're definitely right about that, there's no question about that. the question is the guy in the white house is not going to frame it that way. if my prediction is right and we'll go to the...
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we live and die by property taxes and sales taxes and they are all coming in shorter than anticipated. basically because the property values in detroit. it is starting to pick up in michigan. we just need a little bit more time in order to get our financial house in order. in order to grow our economy. gerri: i have heard that before. we need more time to get our fiscal house in order. wouldn't it make more sense? i know that you are probably playing all kinds of different groups. all kinds of different political groups who want to have their voice heard. wouldn't it make more sense to come in and have the state on this thing -- the thing that we will fix this thing and get it done. >> unfortunately, they can't unilaterally change them. so the financial emergency manager coming into detroit, setting us back a year. we just need to have the political will make these decisions and get it done. we have the political will to get it done. i don't want to sound like a broken record, but it is as simple as that. an emergency manager can do anymore than what we are doing right now with the to
we live and die by property taxes and sales taxes and they are all coming in shorter than anticipated. basically because the property values in detroit. it is starting to pick up in michigan. we just need a little bit more time in order to get our financial house in order. in order to grow our economy. gerri: i have heard that before. we need more time to get our fiscal house in order. wouldn't it make more sense? i know that you are probably playing all kinds of different groups. all kinds of...
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Dec 4, 2012
12/12
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raising taxes. but also he did it in a way that grew the economy and the nation prospered and the debt became no big deal and then the debt was gone and the debt clocks that were supposed to be scary got shut off. that was because of prioritizing economic growth and being willing to raise revenues. look when we started growing again after the recession. it was not long after the stimulus kicked in. the government spent money and the economy grew. that's how it works. that's why it used to be a beltway consensus when the economy needed to e grow, you needed economic stimulus in terms of your fiscal policy. now the discussion about how we need to make sure we contract the economy and cause as much pain as possible to the people who will be hurt the most by that contracting, maybe that makes sense on sunday morning, but the rest of us go to work during the week and sometimes we go to parties. right now as we speak, here's the scene in washington. at the white house, which bo obama has shown us what it
raising taxes. but also he did it in a way that grew the economy and the nation prospered and the debt became no big deal and then the debt was gone and the debt clocks that were supposed to be scary got shut off. that was because of prioritizing economic growth and being willing to raise revenues. look when we started growing again after the recession. it was not long after the stimulus kicked in. the government spent money and the economy grew. that's how it works. that's why it used to be a...
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starbucks is foregoing certain tax deductions that helped reduce its tax bill to zero in britain agreeing to pay $32 million it does not owe. >>> the securities and exchange commission says netflix chief reed hastings may have violated fair disclosure rules with a facebook post saying monthly streaming hours had past 1 billion. netflix stocks soared 6% that day. >>> ibm is revamping its retirement plans contributing to employee 401 k accounts just once a year. >> "the wall street journal" reports the washington post will soon begin charging for online articles after a certain number of free ones. >>> sad news out of chicago where the maker of the academy awards oscar statue wets is planning to layoff nearly 100 workers before christmas. >>> finally, 'tis is the season for a holiday party essential, at least the fun holiday paerlts, the ugly christmas sweater. what if you don't owe one? there's one high schooler who can help you out with that. he buys them up and sells them on his website for, get this, 20 to 50 bucks each. he does this all from his parents' basement. little zuckerberg in
starbucks is foregoing certain tax deductions that helped reduce its tax bill to zero in britain agreeing to pay $32 million it does not owe. >>> the securities and exchange commission says netflix chief reed hastings may have violated fair disclosure rules with a facebook post saying monthly streaming hours had past 1 billion. netflix stocks soared 6% that day. >>> ibm is revamping its retirement plans contributing to employee 401 k accounts just once a year. >>...
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Dec 1, 2012
12/12
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CURRENT
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they paid a negative income tax. we paid duke energy instead of them paying taxes. the guy seems to be so relevant into this fiscal cliff grand bargaining negotiations is grover norquist. did you this story about who is behind grover norquist, and who he really represents, and i think that's a really interesting story. who is the money behind grover? >> well, grover norquist is an interesting guy. he's obviously captured the minds and the attention of the entire republican party. but i would like folks to look at him a little bit differently. if you look at grover norquist's budget because he has a large foundation that enforces his pledge. two-thirds of his money, 66% of his budget comes from only two billionaire-backed non-profits groups founded by folks like the koch brothers, the bekdel corporation and karl rove. they're worth billions of dollars who would not like to see their tax rates go up. it should not be any surprise that they're giving money to norquist as their enforcer. >> cenk: a lot of those are in private equities and defense and, etc. shockingly th
they paid a negative income tax. we paid duke energy instead of them paying taxes. the guy seems to be so relevant into this fiscal cliff grand bargaining negotiations is grover norquist. did you this story about who is behind grover norquist, and who he really represents, and i think that's a really interesting story. who is the money behind grover? >> well, grover norquist is an interesting guy. he's obviously captured the minds and the attention of the entire republican party. but i...
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Nov 30, 2012
11/12
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if you want to limit tax deductions tell me what it is you want to limit. if you want to reduce entitlements, tell me how we're going to do that. if we're going to raise taxes or cut spending, tell me how we're going to do this because i've got the american public on my side. >> jennifer: i totally agree with that. i hear he's not cutting enough in this proposal, but in the last campaign he was cutting too much, oh my god. shouldn't the republicans in congress be called out on that hypocrisy, at least by the main treatment media? >> one of the things that think they're going to be cognitive of, they don't have time to change their image with the american public. there is the argument that house and republicans were re-elected, but i think it's clear that the american public did not vote for dysfunction. they want the american government to function. that's the reason why barack obama was elected and mitt romney was not elected. the american people liked most of the president's policies, and they want the government to function. if i were a house member, a r
if you want to limit tax deductions tell me what it is you want to limit. if you want to reduce entitlements, tell me how we're going to do that. if we're going to raise taxes or cut spending, tell me how we're going to do this because i've got the american public on my side. >> jennifer: i totally agree with that. i hear he's not cutting enough in this proposal, but in the last campaign he was cutting too much, oh my god. shouldn't the republicans in congress be called out on that...
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we want to tax the rich with higher tax rates on the rich. we have a dollar difference, a difference in principle. martha: we are hung up on ideology here. if you can get the money one way and it produces a long lasting change to the tax code which both sides say they want, what seems to be the problem? >> reporter: it's ideology. the president one the elect, he says he won it on taxing the rich. he want to win the debate. whether it's the best solutioner to the economy is an entirely different story. this is a political and ideological argument and we'll see who wins. martha: there is a couple ways this could go. one is to land in the middle. you have $800 billion and $1.6 trillion. the other is for one side to say no deal. we'll let you go over the fiscal cliff and we'll see what happens. >> reporter: at the last minute i think there will be a deal. i think republicans will retreat and say okay, you can have higher tax rates but only on people making a half million dollars a year. the president will say, okay, but we'll only discuss -- we'l
we want to tax the rich with higher tax rates on the rich. we have a dollar difference, a difference in principle. martha: we are hung up on ideology here. if you can get the money one way and it produces a long lasting change to the tax code which both sides say they want, what seems to be the problem? >> reporter: it's ideology. the president one the elect, he says he won it on taxing the rich. he want to win the debate. whether it's the best solutioner to the economy is an entirely...
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Nov 29, 2012
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taxes $115 million to the government. state taxes to the government side. bottom line is the government and the lottery administration get $806 million >> kimberly: that is why they do it. >> bob: a lot goes to education and if you republicans wouldn't keep cutting it we would haven't to have lotteries. >> dana: that is not true. that is not the way it works. governments have become enslaved to lotteries. i don't think it's a good idea for several reasons. just like i don't like casino gambling or the gambling boats and things because it ends up being a tax on everybody but certainly the poorest among us who try to win, they spend a lot of their earnings to try to win these things. they can spend their money however they want but i think it's a tax on people. >> eric: along those lines, buying a soda. you pay sales tax on it. >> dana: but i'm not going to win anything. unless there is a contest. >> kimberly: clothes or cars. >> brian: if you get a dr. pepper you could -- >> dana: if you buy a soda you get immediate gratification. you open it and drink it. i
taxes $115 million to the government. state taxes to the government side. bottom line is the government and the lottery administration get $806 million >> kimberly: that is why they do it. >> bob: a lot goes to education and if you republicans wouldn't keep cutting it we would haven't to have lotteries. >> dana: that is not true. that is not the way it works. governments have become enslaved to lotteries. i don't think it's a good idea for several reasons. just like i don't...
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Nov 29, 2012
11/12
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rates going up on the middle class now. >> we're not going to raise taxes on those people. i think we should make that clear to everybody. >> reporter: bottom line, no deal yet. both sides are still talking. and both sides signalling that they're willing to give some ground to get this done and get it done on time. lynn. >> thanks so much. >>> it's not how he wanted to get there but former governor mitt romney heads to the white house. president obama is hosting his campaign rival at a private lunch. no reporters will be allowed in. it is the seventh time the two men have met face-to-face. it's going to be the first time since the election. there are no details on the meeting. in his victory speech, president obama said he hoped to speak with romney about how to move the country forward. >>> despite another rough day of meetings with republican senators, u.n. ambassador susan rice received a new vote of confidence. this time from the president and secretary of state hillary clinton. the president called rice extraordinary during a cabinet meeting she attended. clinton led a
rates going up on the middle class now. >> we're not going to raise taxes on those people. i think we should make that clear to everybody. >> reporter: bottom line, no deal yet. both sides are still talking. and both sides signalling that they're willing to give some ground to get this done and get it done on time. lynn. >> thanks so much. >>> it's not how he wanted to get there but former governor mitt romney heads to the white house. president obama is hosting his...
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Nov 30, 2012
11/12
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FBC
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a higher tax next year, a higher tax on dividends is confidently expected. you avoid that if you get the dividend this year. 175 companies doing just that. all right, let's get at it, shall we. president obama's first offer fiscal cliff, higher taxes, new spending and power over the debt spending. and offered by tim geithner who had tax problems in the past and today president obama is it at a toy factory campaigning for new taxes on the rich. and joining us is julia. >> hi. stuart: how are you. >> i'm great. stuart: i can't believe that you, as a regular american, want to do this to america, do you? >> i think it's because-- i don't think that this is exactly what what's going to happen. stuart: you don't think that the president will actually do this. >> no, no, i think the president has learned to negotiate. what the president would do, he would start with sort of half a loaf and negotiate and give the republicans about 75% of what they wanted. i think he's finally understood if you want to actually get to at least halfway, you have to start at extremes a
a higher tax next year, a higher tax on dividends is confidently expected. you avoid that if you get the dividend this year. 175 companies doing just that. all right, let's get at it, shall we. president obama's first offer fiscal cliff, higher taxes, new spending and power over the debt spending. and offered by tim geithner who had tax problems in the past and today president obama is it at a toy factory campaigning for new taxes on the rich. and joining us is julia. >> hi. stuart: how...
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Dec 3, 2012
12/12
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KPIX
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. >> reporter: taxes continue to be the line in the sand between democrats and republicans. >> there is no path to an agreement that does not involve republicans acknowledging that rates have to go up for the wealthiest. >> reporter: gop lawmakers don't want higher rates and say the obama administration's proposed cuts to entitlements don't go far enough. >> i think we're going over the cliff. it's pretty clear to me they have made a political calculation. this offer doesn't remotely deal with entitlement reform in a way to save medicare and medicaid and social security from bankruptcy. >> reporter: if a deal is not reached, taxes go up and spending will be clashed. defense contractors are sending the message to lawmakers those cuts would damage the military industry and weaken national security. the ceo of task, a company that develops aviation systems and software for intelligence agencies: >> over 50% of the defense budget is procuring services and services are underscored by jobs. so of course there will be job loss if you have cuts. >> reporter: the cliff hits at the end of the
. >> reporter: taxes continue to be the line in the sand between democrats and republicans. >> there is no path to an agreement that does not involve republicans acknowledging that rates have to go up for the wealthiest. >> reporter: gop lawmakers don't want higher rates and say the obama administration's proposed cuts to entitlements don't go far enough. >> i think we're going over the cliff. it's pretty clear to me they have made a political calculation. this offer...
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Dec 7, 2012
12/12
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KRON
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says they have always paid taxes to the letter of the law. but will make additional payments in 2013 and 2014 despite the fact that the u.k. unit is not yet profitable. google and amazon have been targeted as not paying their fair share in england. >> will be back with bay area traffic and weaken weather. and he has more on what is coming up. >> tevatron on the rise of the next few weeks thanks to high pressure. -- temperatures on the rise. >> you can see blue skies and a few clouds out there. for the rest of today we see areas of patchy fog in the north bay. otherwise a lot of sunshine for this afternoon. a bit milder and this evening clear skies and will cool things down. visibility is low in santa rosa. napa is looking good the fog had mixed out. and you are looking at this a visitvisibility problems are not an issue. >> temperatures are in the '50s and downtown san francisco forties' up in the north bay for novato 46 in san mateo. 51 in oakland. >> here is a look at satellite and radar where we see high pressure in control which is why we
says they have always paid taxes to the letter of the law. but will make additional payments in 2013 and 2014 despite the fact that the u.k. unit is not yet profitable. google and amazon have been targeted as not paying their fair share in england. >> will be back with bay area traffic and weaken weather. and he has more on what is coming up. >> tevatron on the rise of the next few weeks thanks to high pressure. -- temperatures on the rise. >> you can see blue skies and a few...
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which would be income capital gains estate taxes the i just mentioned a couple games and state taxes go up investments in infrastructure let's rebuild this country help for struggling homeowners an extension of the payroll tax cut unemployment benefits this by the way sounds eerily like what dwight eisenhower did in the early fifty's when well during the recession the recession fifty one fifty two and eisenhower came in started building it actually i was system the g.i. bill they were there were you know in any case so where is this going to go i think you know frankly should've gone a step farther as an initial mission negotiated point and said we're not going to roll back the bush tax cuts we're going to roll back the reagan tax cuts and you know let's take it back to seventy four percent but you know mark i think there's a mistake here i don't think anything's really going to get done i think again that the main thing the main constituency of the newly elected and the incumbents is their party it's not the american people they can pass a budget i don't see why anybody thinks they
which would be income capital gains estate taxes the i just mentioned a couple games and state taxes go up investments in infrastructure let's rebuild this country help for struggling homeowners an extension of the payroll tax cut unemployment benefits this by the way sounds eerily like what dwight eisenhower did in the early fifty's when well during the recession the recession fifty one fifty two and eisenhower came in started building it actually i was system the g.i. bill they were there...
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Nov 29, 2012
11/12
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KGO
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. >> in the meantime, the president met with middle class americans raising concerns about taxes going up at the end of the year. both republicans and democrats agree that had no one wants the country to go over the so called fiscal cliff. but what are they doing about it? >> at the top of the wish list, a deal to a voice sending the economy over the fiscal cliff. >> my hope is to get this done before christmas. >> today, the president joined by middle income earners reaching out to the administration about keeping taxes low. >> if congress does nothing, every family in america will see their taxes go up at the beginning of next year. >> the white house is urging americans to use social media to push congress to act. keying in on $2000 tax increase going into affect next year for the average family of four. >> what is that again? my two? k. tweet use, my 2 k or e mail. post it on member of congress's facebook wall. do what it takes to communicate a sense of urgency. >> they may not agree on details but house speaker john boehner and house minority leader agree on one thing. failure is
. >> in the meantime, the president met with middle class americans raising concerns about taxes going up at the end of the year. both republicans and democrats agree that had no one wants the country to go over the so called fiscal cliff. but what are they doing about it? >> at the top of the wish list, a deal to a voice sending the economy over the fiscal cliff. >> my hope is to get this done before christmas. >> today, the president joined by middle income earners...
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Dec 5, 2012
12/12
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MSNBCW
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let's let tax rates on the upper income folks go up. and then let's set up a process with a time certain at the end of 2013 or the fall of 2013 where we work on tax reform, we look at what loopholes and deductions both democrats and republicans are willing to close, and it's possible that we may be able to lower rates by broadening the base at that points. >> in the meantime, now the gop is fighting with itself. speaker boehner is facing growing backlash from the more conservative wing of his party. at issue, the $800 billion in new tax revenue he proposed in a fiscal cliff deal which the white house quickly rejected because it does not raise taxes on the wealthy but aims to get the money through cuts in deductions. senator jim demint denounced boehner's plan as a tax hike that will, quote, destroy american jobs and allow politicians in washington to spend even more. senate minority leader mitch mcconnell also distanced himself from the boehner plan declining to endorse it yesterday. >> we've wasted enormous amount of time here sparring
let's let tax rates on the upper income folks go up. and then let's set up a process with a time certain at the end of 2013 or the fall of 2013 where we work on tax reform, we look at what loopholes and deductions both democrats and republicans are willing to close, and it's possible that we may be able to lower rates by broadening the base at that points. >> in the meantime, now the gop is fighting with itself. speaker boehner is facing growing backlash from the more conservative wing of...
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it is like a tax revolt. if washington does not act major league owners will be forced to shell out money. the ipad maybe number one but consumers have more options with a tablet. and just how wasteful has indeed york been? consumers and taxpayers aretomit squeezed. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. you know, from our 4,000 television commercials. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million people switched to me last year, saving an average of $475. yeah, i'm kind of a big deal. [sigh] it feels good to help people save... with great discounts like safe driver, multicar, and multipolicy. 731, 732... you want my number, don't you? call 1-800-progressive right now. or visit progressive.com for an extra $50 online savings. thirsty? 'causi got a six-pack right here. oh, yeah... [voice shaking] you don't even have to wait for your
it is like a tax revolt. if washington does not act major league owners will be forced to shell out money. the ipad maybe number one but consumers have more options with a tablet. and just how wasteful has indeed york been? consumers and taxpayers aretomit squeezed. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. you know, from our 4,000 television...
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Dec 6, 2012
12/12
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WETA
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republican leadership remains committed to extending the bush tax cuts for all a tax bracket. brainer offer his response to the president. in an interview with julianna goldman of bloomberg news obama called the boehner plan quote out of balance. >> i think that we have the potential of getting a deal done, but it's going to require what i talked about during the campaign which is a balanced responsible approach to deficit reduction that can help give businesses certainty and make sure that the country grows. and unfortunately the speaker's proposal right now is still out of balance. he talks for example about $800 billion worth of revenues but he says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> rose: and here is the president talking about why it's essential for him that there be tax increases for the most wealthy among us. >> i don't think that the issue right now has to do with sitting in a room. the issue right now that's relevant is the acknowledgment that if we're going to raise revenues that are sufficient to balance with the
republican leadership remains committed to extending the bush tax cuts for all a tax bracket. brainer offer his response to the president. in an interview with julianna goldman of bloomberg news obama called the boehner plan quote out of balance. >> i think that we have the potential of getting a deal done, but it's going to require what i talked about during the campaign which is a balanced responsible approach to deficit reduction that can help give businesses certainty and make sure...
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go up, let these taxes happen if republicans press the idea of no tax increases for the wealthy. the latest we've learned, president obama and house speaker john boehner have spoken by phone. no word on what they discussed or whether there are any meetings planned, but just the fact that they're talking seems to be progress these days here on capitol hill. >> we'll take that. tracie potts for us in washington. tracie, thanks. >>> egypt state television is reporting at least five people were killed in overnight flashes between supporters and opponents of egyptian president mohammed morsi. the street battles were the most violent since egypt's latest crisis erupted two weeks ago where morsi assumed near absolute power. the opposition is vowing more protests later today. >>> this morning, two australian radio hosts are apologizing for a prank call that's getting worldwide attention. it was made to the hospital where kate is being treated for acute morning sick sentencesness. anna bell roberts is with us. >> reporter: good morning, lynn. that's right. the latest on kate's condition i
go up, let these taxes happen if republicans press the idea of no tax increases for the wealthy. the latest we've learned, president obama and house speaker john boehner have spoken by phone. no word on what they discussed or whether there are any meetings planned, but just the fact that they're talking seems to be progress these days here on capitol hill. >> we'll take that. tracie potts for us in washington. tracie, thanks. >>> egypt state television is reporting at least five...
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Dec 6, 2012
12/12
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FOXNEWS
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you want to talk about paying taxes and your fair share? they're a tax-exempt 501c5 organization. where is ed asner's rage about their escaping and evading their fair share of taxes? i don't hear it. also, let's have a balance. if they're going to show this in the california classrooms, how about an eight-minute video narrated by clint eastwood or my favorite right thinking actor adam baldwin that exposes the truth about occupy and the teachers alliance? they have to make up this urinating image? well, you've got occupiers who have been pooping on police cars. show that to the school kids. >> sean: well said. michelle malkin. great points. thank you for being with us. >> you bet, take care. >>> >> sean: coming up next, liz cheney on the breaking news out of syria. the government stands ready to use sarin nerve gas on its own people. a senior firm confirmed this to fox news. >>> women in egypt are fearing for their lives as sex mobs are preying on the public. the situation is getting dispratt. where is the outrage and the support from the feminists who screamed about the so-called
you want to talk about paying taxes and your fair share? they're a tax-exempt 501c5 organization. where is ed asner's rage about their escaping and evading their fair share of taxes? i don't hear it. also, let's have a balance. if they're going to show this in the california classrooms, how about an eight-minute video narrated by clint eastwood or my favorite right thinking actor adam baldwin that exposes the truth about occupy and the teachers alliance? they have to make up this urinating...
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Dec 1, 2012
12/12
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CSPAN
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tax policy, the tax cut put in place at the it illustration that will expire at the end of this year. -- by the past administration that will expire at the end of this year. be on some important decisions that will have a real impact on our businesses -- and on families like yours. the most pressing decision has to do with your taxes. see, at the end of the year, middle-class tax cuts are set to expire. and there are two things that can happen. first, if congress does nothing, every family will see their income taxes automatically go up at the beginning of next year. a typical middle class family of four will see their income taxes rise by $2,200. we can't let that happen. our families can't afford it, and neither can our economy. the second option is better. right now, congress can pass a law that would prevent a tax hike on the first $250,000 of everybody's income. everybody. that means that 98% of americans and 97% of small businesses wouldn't see their income taxes go up at all. and even the wealthiest americans would get a tax cut on the first $250,000 of their incomes. congress
tax policy, the tax cut put in place at the it illustration that will expire at the end of this year. -- by the past administration that will expire at the end of this year. be on some important decisions that will have a real impact on our businesses -- and on families like yours. the most pressing decision has to do with your taxes. see, at the end of the year, middle-class tax cuts are set to expire. and there are two things that can happen. first, if congress does nothing, every family will...
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income taxes but that's only one of the many doing of many taxes that we all pay as a percentage of income the people working at mcdonald's for eight bucks an hour pay more of their income in taxes than mitt romney that's right how do you think we're doing the guys now you with what percentage of the federal taxes are collected from the one percenters because i know people manipulate the numbers in the get their point across i don't know off the top of my head and i do really like them do you research and come back later show you show your rate by the way thank you yeah i'd be glad to will get the numbers and we'll do a chart and graph and i think thank you jim i appreciate you calling in and raising the question that's something that we have done shows on before you know where where was the. revenue before where is it now and what you know i can tell you the top tax rate during the eisenhower years was ninety one percent and you know right now the top tax rate is thirty five percent and they're talking about taking it up to thirty nine thirty nine point six percent which is where i
income taxes but that's only one of the many doing of many taxes that we all pay as a percentage of income the people working at mcdonald's for eight bucks an hour pay more of their income in taxes than mitt romney that's right how do you think we're doing the guys now you with what percentage of the federal taxes are collected from the one percenters because i know people manipulate the numbers in the get their point across i don't know off the top of my head and i do really like them do you...
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Nov 30, 2012
11/12
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MSNBCW
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um, no, just opened up some yogurt. >> we have to accompany tax reduction and tax relief for americans, also having a dollar value meal at restaurants. >> what do you think about that, the catholic church would allow someone in -- welcome someone in who denies holocaust, isn't that offensive to you? >> what are you going to do? >> i love sarah silverman and all those ladies. anyone who serves women aren't funny deserves a whack up side the head. it was a figure of speech. >> sorry. >> woah! no more figures of speech over here. just concrete language. there's lots of incredible funny women from tina fey to sarah silverman, even the sweetly violence women i work with every day. >> really? >> really? >> all right. really. anyway, i don't want to live in a world without women came medians and neither does our next guest. the author of we kill the rise of women in american comedy. welcome, my sister. >> thanks for having me. >> so you can talk about smftd special challenges that women who want to enter comedy will face? >> i think i have to look at stand up and sketch a as two different art
um, no, just opened up some yogurt. >> we have to accompany tax reduction and tax relief for americans, also having a dollar value meal at restaurants. >> what do you think about that, the catholic church would allow someone in -- welcome someone in who denies holocaust, isn't that offensive to you? >> what are you going to do? >> i love sarah silverman and all those ladies. anyone who serves women aren't funny deserves a whack up side the head. it was a figure of...
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Nov 29, 2012
11/12
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KNTV
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so, it may be no deal today, but perhaps moving forward on these spending cuts and tax increases that are looming at the end of the year. some very specific meetings with a handful of lawmakers who could have a huge impact on your paycheck come january 1st. . treasury secretary tim geithner and white house legislative chief rob neighbors bring the president's deficit-cutting plan to capitol hill today. >> i am very open to a fair and balanced approach to reduce our deficit. >> reporter: republicans want to know, does that approach include the government spending less money? >> we've put revenue on the table, as long as it's accompanied by serious spending cuts. >> reporter: white house negotiators are meeting with boehner and top republicans and democrats. executives from big companies heard the plan wednesday at the white house. at least one thinks there could be a deal here. >> if i were involved in a negotiation like this and everybody was purporting to be where they are, i would say that an agreement was reachable. >> i'm hopeful, but i wouldn't put me anywhere near optimistic. >>
so, it may be no deal today, but perhaps moving forward on these spending cuts and tax increases that are looming at the end of the year. some very specific meetings with a handful of lawmakers who could have a huge impact on your paycheck come january 1st. . treasury secretary tim geithner and white house legislative chief rob neighbors bring the president's deficit-cutting plan to capitol hill today. >> i am very open to a fair and balanced approach to reduce our deficit. >>...